Revision to Liquidation Process: Modification of Regulation 47B and Associated Forms
Introduction The IBBI has recently notified an amendment to the IBBI (Liquidation Process) Regulations, 2016 via Notification No. IBBI/2025-26/GN/REG134 dated 2nd January, 2026. The amendment revises Regulation 47B, which governs the filing of forms during the liquidation process. The revised forms have been structured to reduce the compliance burden on insolvency professionals by eliminating duplicative disclosures, rationalising data requirements, and […]
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